Mount Parade, Harrogate, North Yorkshire, HG1
By FSS
£ 599,995
Reviews
2 out of 5 stars
FSS says ..
INVESTMENT OPPORTUNITY-offering over 9.9% Return- Victorian mid terrace containing 2 self-contained bedsits and 6 additional bedsits!
Property Oracle says ..
This property on Mount Parade in Harrogate presents itself as a multi-unit investment opportunity. The address is in a prime location within Harrogate’s town centre, benefiting from convenient access to shops, restaurants, schools (including several ‘Good’ and ‘Outstanding’ rated primary schools), and transport links (Harrogate train station is conveniently close). The exterior of the building looks well-preserved. Inside, the property has been converted into eight individual studio flats, each with a compact kitchenette and en-suite bathroom. The refurbishment or renovation appears functional but relatively basic and might not attract the highest rental yields for long-term lets. Whilst a seemingly good investment, determining a definitive price-to-value assessment is limited by the lack of square footage information for several comparable properties and a lack of details on the breakdown of each unit’s value and individual rental income projections. A potential buyer should conduct thorough due diligence, including a professional valuation and a comprehensive income analysis, to assess the financial viability of this investment opportunity.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 9
- Land
- 1
- Bedrooms
- 8
- Bathrooms
- 5
- Sqft (est)
- 1,955.80
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 339,000.00 £Decreased by 26.92 %
- Est sale value
- 780,364.20 £Increased by 1.01 %
- Average area rental value
- 2,136.00 £/moIncreased by 79.04 %
- Est letting value
- 3,911.60 £/moIncreased by 100.00 %
- Est rental Yield
- 7.56 %Increased by 144.66 %
- Crime Rate
- 53.00 %Unchanged by 0.00 %
Agent Activity
FSS created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Peter'S Church Of England Primary School | Academy Converter | Good | 0.56 KM |
| Harrogate Language Academy | Miscellaneous | 0.78 KM | |
| Harrogate, Grove Road Community Primary School | Community School | Good | 0.86 KM |
| Springwell Harrogate | Academy Alternative Provision Converter | Outstanding | 0.96 KM |
| Coppice Valley Primary School | Academy Converter | 1.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cambridge Place | £ 533,333 | 0 | 0.00 KM |
| Petergate | £ 0 | 0 | 0.00 KM |
| Prospect Crescent | £ 299,999 | 0 | 0.00 KM |
| Station Square | £ 175,000 | 0 | 0.00 KM |
| Prospect Place | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Harrogate | 8213 | HGT | 0.30 KM |
| Hornbeam Park | 8212 | HBP | 2.20 KM |
| Pannal | 8479 | PNL | 4.14 KM |
| Starbeck | 8221 | SBE | 4.29 KM |
| Knaresborough | 8214 | KNA | 7.82 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mount Parade, Harrogate, North Yorkshire, HG1 | £ 599,995 | BUY | 5 / 10 | 0.00 KM |
| Commercial Street, Harrogate | £ 87,500 | BUY | 8 / 10 | 0.08 KM |
| Commercial Street, Harrogate, North Yorkshire, HG1 | £ 200,000 | BUY | 6 / 10 | 0.08 KM |
| 8-10 Cheltenham Mount, Harrogate, HG1 | £ 208,000 | BUY | 5 / 10 | 0.09 KM |
| Apt 8 Baines House, 2A Cheltenham Mount | £ 130,000 | BUY | 5 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Mount Parade | £ 460,000 | 0.02 KM |
| 5a Mount Parade | £ 300,000 | 0.02 KM |
| 7 Mount Parade | £ 320,000 | 0.02 KM |
| 16 Mount Parade | £ 425,000 | 0.02 KM |
| 3 Mount Parade | £ 242,500 | 0.02 KM |